Last week, 50 Cent shocked the hip hop world when he&nbsp;filed for Chapter 11 bankruptcy, later explaining&nbsp;that this was move was made&nbsp;out of a desire to "reorganize his financial affairs" than an actual lack of funds.

As we reported the other month, Chris Brown's newly-discovered baby mama, Nia Guzman, is looking for Breezy to up his child support payments by a significant, perhaps too significant, amount. However, Brown isn't letting that happen without a fight.

Bobby Shmurda has been appropriately quiet on the new music front since his lock-up.&nbsp;Being a relatively new rapper at the time he was pinched, it's understandable that he doesn't have hoards of unreleased music in the stash a la Gucci Mane.

50 Cent is pretty adventurous when it comes to business, it seems he's always investing or promoting some new item every other week. He's done it all, from energy drinks to water to headphones and most recently, underwear and vodka.&nbsp;

Dame Dash has been going through some legal drama with his baby mamas as of late. The former Roc-A-Fella executive lost custody of his two children to their mom&nbsp;Rachel Roy, who alleged that Dame is a bad influence on their girls.

Suge Knight was back in court today -- where he pleaded not guilty to charges of murder. While Knight's lawyer had requested bail to be reduced from $10 Million to a more reasonable 5, the bail reduction was denied by a judge today.

We got word in November that Frank Ocean, born Christopher Edwin Breaux, was attempting to legally change his name, however the judge denied his request because the singer had a few unpaid tickets&nbsp;and a suspended driver's license.

Chris Brown is a happy and &ldquo;thankful&rdquo; man today. After six years and numerous run-ins with the law,&nbsp;Breezy&nbsp;is finally off probation and his 2009 assault case on Rihanna has come to a close as well.

This Suge Knight case keeps getting crazier and crazier. The latest we heard was that Suge was in the hospital with another potentially life-threatening blood clot, and that his bail had been revoked while he awaits his trial.

During Kanye West's deposition in the case against the infamous LAX photographer, whom Kanye attempted to "assault," the rapper takes us back to 2000 to recall being racially profiled by the cops, which resulted in a felony charge.

Lil Durk narrowly avoided jail time in court today, after pleading guilty to gun charges. Fortunately for Durk, he won't be headed the same direction as Gucci Mane (at least not right now), as he's been given probation instead of prison.